Friday, May 15, 2009

Applied magical thinking

A NYT reporter shows why evidence-based policymaking is important at home too.

The article gives the shorter version of his self-induced decline into financial doom; there is a book to buy as well if you want to help out with the now-very-delinquent mortgage.

I simply can't imagine being this foolish. What are people thinking?

Hat tip: Greg Mankiw's blog (via Dan Black)